1336 Toberman St., Los Angeles, CA 90015

FOR SALE
  • $1,679,000
  • 149 Days on site
  • Beds: 16
  • Baths: 11
  • Commercial Building
  • 8,433 sq ft
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Description

The exclusive listing agent, is pleased to present a unique street to street 12-unit (one nonconforming) portfolio located at 1336 Toberman Street and 1335 Valencia Street. Investors the opportunity to acquire a property with a tremendous amount of rental upside, and the potential for future development. Just walking distance from the Staples Center, LA Live, 1200 Figueroa, Fig Central, and the world famous billion dollar project; The Metropolis, an investor can couple upside, future development potential, and a solid location packaged in one property. Consisting of six two-bedroom/one-bathroom, four one bedroom/ one bathroom, and two studios with one bathroom, this property features a superior mix of units. The rise in rental rates is directly attributed to the influx of the young professional population flocking to the newly developed infrastructure of Downtown Los Angeles. As a result, an investor can acquire a property with heavy upside in a rapidly appreciating marketplace.

  • MLS ID# 16-130628
  • Year Built: 1923
  • 149 Days on site
  • Commercial Building
  • Beds: 16
  • Baths: 11

Listing Details

Parking
Parking Space (15)

Local Info

Population
19,647
Median Household Income
$22,026
Median Years In Residence
7
Median Homeowner Age
28
Households with Children
58.24%
Percent of Homes Rented
83.89%

Nearby Elementary Schools

1700 W Pico Blvd
1700 W Pico Blvd
1000 Grattan St

Nearby Primary Schools

950 Albany St

Nearby Middle Schools

1700 W Pico Blvd
950 W Washington Blvd
2023 S Union Ave

Nearby High Schools

644 W 17th St
2023 S Union Ave
1940 S Figueroa St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: Marcus & Millichap
(818) 212-2700
Listing Agent: Joshua Ross

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